Today I want to propose a different alternative to cut gov’t spending that has been used before in the United States. The way to do this I think is to cut federal taxes dramatically and go with a consumption tax. A consumption tax taxes individuals when they spend money. And to clear, this would…
What is the wage-price spiral theory? Why is this important? Why is this a myth? This economic theory or view says that worker’s future expectations of inflation result in workers demanding higher (or lower) salaries to compensate for the future inflation. As a result, this prompts companies to raise prices and ultimately again, workers demand…
The last 30-40 years, stock Index Investing has become very popular, especially with the creation of 401ks and the explosion in mutual funds. The strategy of these index funds basically says keep cost low, mirror the stock market and over time you’ll outperform actively managed funds which trade frequently and run up trading fees. It assumes…
There are many important decisions to make when choosing a financial advisor. Below are 5 questions to consider asking one if you are thinking about hiring. 1) Are you compensated by commission or assets under management? And this is important because certain advisors are paid by what products they sell. This can be this a…
1) Buy from a Reputable Dealer. When you’re first starting out , you’re gonna want to buy from a reputable dealer. In the beginning you don’t know what your doing really and you might not able to spot the best deals. Now, I personally would suggest the big bullion dealers like SD Bullion , APMEX , JM…
In this post I want to discuss how digital banking and social media make our banking system more fragile than ever. Now, last year we saw with the collapse of Silicon Valley Bank and signature and how digital banking and social media can really speed up the process of bank runs. See, No longer do…
I want to talk about fractional gold and the advantages and disadvantages. Fractional gold is any gold less than an ounce. I like to keep a small portion of my stack in fractional gold for a variety of reasons, for example: (1) Great in a barter type situation- To me this is one of the…
4 Reasons To Stack Silver Bonus Reason: Financial reasons. It’s insurance, a Storer of Wealth, Liquid, and good to have in a SHTF scenario.
Today I want to talk about what are some really reasonable options for cutting our budget deficit and begin to cut our national debt. Now a lot of people tend to say that the debt is just too big, and eventually the Fed and gov’t are just going to come in and usher a CBDC….
Welcome. In this post, we are going to discuss the steep decline in workers available for trade jobs and why this is happening. Also, I want to talk about what this means down the road. First off, trade jobs could be anything like electricians, plumbers, carpenters, masons, and a lot more. Now, most of these…
